Relevant:
- Halabi Companies Fail to Fix Mortgage Bonds Default
- Fitch Downgrades Four CMBS Transactions on Likely Default
- General Motors is on the Brink of Default and Bankruptcy
- Fitch cuts Citigroup's long-term issuer default rating
- Here We Go: Fitch Places Bank Of America, All US Banks On Rating Watch Negative
2009-05-26 — housingwire.com
Fitch Ratings is joining a growing chorus of voices that say the recent refi deluge will not likely stave off an eventual mortgage re-default for the majority of takers.
Auction companies HousingWire is speaking to for its July 2009 feature on the topic are predicting the same outcome.
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